Short Sales in Arroyo Grande, Avila Beach, Buellton, Grover Beach, Lompoc, Los Alamos, Nipomo, Oceano, Pismo Beach, San Luis Obispo, Santa Maria-Orcutt, Santa Ynez, Solvang
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Santa Maria Real Estate Blog
In July 2006, Mint Properties opened an office in the Mission Creek Plaza on Santa Maria Way. Tni’s stated aim is to offer the highest quality representation and professional service to her clients. Independence affords her the ability to avoid a volume driven approach; the result is prompt, reliable, individualized service coupled with straightforward advice. Indeed, she brings the same level of professionalism to real estate as she did to the law.
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Selling Your Home as a Short Sale in the Santa Maria CA & Orcutt CA Market
Short sales dominate the Santa Maria and Orcutt CA market. Simply put, short sales are sales where the owner owes more than the house is currently worth. Currently, 50% of the active listings in Santa Maria and Orcutt are short sales. However, 60% of the homes sold in the past 30 days are bank owned homes (REOs), and only 10% of sold homes in the last month were short sales.
To Pay or Not To Pay That Is the Ultimate Short Sale Question
I find that many people with high incomes and/or substantial assets often make the strategic decision to stop making payments because they do not believe that the lender will consider their hardship case without it. So, they are not making payments to drive home the issue of hardship to the lender.
